Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
RUBY R VALE FOUNDATION II
 
Number and street (or P.O. box number if mail is not delivered to street address)331 ISLAND DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MIAMI, FL33149
A Employer identification number

65-0659181
B Telephone number (see instructions)

(412) 768-5892
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,257,837J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 60,965 60,965  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 610,467
b Gross sales price for all assets on line 6a 1,673,484
7 Capital gain net income (from Part IV, line 2)... 610,467
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 552    
12 Total. Add lines 1 through 11........ 671,984 671,432  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 15,353 11,514   3,839
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,311 609   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,718 1,568   150
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,382 13,691 0 3,989
25 Contributions, gifts, grants paid....... 109,100 109,100
26 Total expenses and disbursements. Add lines 24 and 25 138,482 13,691 0 113,089
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 533,502
b Net investment income (if negative, enter -0-) 657,741
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 45,002 55,302 55,302
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 451,510 428,399 403,156
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,408,838 Click to see attachment1,955,150 1,799,379
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,905,350 2,438,851 2,257,837
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,900,038 2,429,260
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,312 9,591
30 Total net assets or fund balances (see instructions)..... 1,905,350 2,438,851
31 Total liabilities and net assets/fund balances (see instructions). 1,905,350 2,438,851
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,905,350
2
Enter amount from Part I, line 27a .....................
2
533,502
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,438,852
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,438,851
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 100. AETNA INC NEW   2013-06-03 2018-01-03
b 100. AMGEN INC   2014-03-24 2018-01-03
c 400. COMCAST CORPORATION CL A   2014-03-24 2018-01-03
d 1000. EXXON MOBIL CORP   1981-08-13 2018-01-03
e 500. HP INC   1981-08-12 2018-01-03
500. HEWLETT PACKARD ENTERPRISE CO   1981-08-12 2018-01-03
400. INTEL CORP   2012-06-21 2018-01-03
200. INTERNATIONAL PAPER CO COM   2013-04-18 2018-01-03
250. J P MORGAN CHASE & CO COM   2010-12-21 2018-01-03
300. JOHNSON & JOHNSON COM   2010-12-21 2018-01-03
70. LOCKHEED MARTIN CORP   2013-12-09 2018-01-03
1813.237 OPPENHEIMER INTL GROWTH FD-I   2014-03-24 2018-01-03
1000. PFIZER INC COM   1990-03-19 2018-01-03
1000. 3M COMPANY COM   1981-08-13 2018-01-03
400. US BANCORP DEL COM NEW   2010-12-21 2018-01-03
300. WELLS FARGO & CO NEW COM   2012-06-21 2018-01-03
150. WYNDHAM WORLDWIDE CORP   2013-04-18 2018-01-03
100. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-03-24 2018-01-03
300. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7     2018-01-03
3864.734 DRIEHAUS ACTIVE INCOME FUND FUND 640   2012-06-21 2018-01-08
28.469 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2017-12-12 2018-01-08
2.779 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2017-12-15 2018-01-08
11.589 OAKMARK INTL SM CAP-INST 2888   2017-12-15 2018-01-08
26. DELPHI TECHNOLOGIES PLC-W/I SEDOL BD85SC5   2017-12-12 2018-01-12
6. AMPHENOL CORP NEW CL A   2017-12-06 2018-01-29
1. APPLE INC   2014-03-24 2018-03-01
1. SCHWAB CHARLES CORP NEW   2017-12-06 2018-03-01
1. ULTA BEAUTY INC   2017-12-06 2018-03-01
1. APTIV PLC-WHEN ISSUED SEDOL B783TY6   2017-12-12 2018-03-01
7. ABBOTT LABORATORIES INC   2017-12-06 2018-03-07
11. CARDINAL HEALTH INC   2017-12-06 2018-03-07
18. CISCO SYS INC COM   2012-08-17 2018-03-07
15. INTEL CORP   2017-12-06 2018-03-07
2. NORTHROP GRUMMAN CORPORATION   2017-12-06 2018-03-07
3. RAYTHEON COMPANY   2017-12-06 2018-03-07
7044.454 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO     2018-03-13
52.643 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2017-12-15 2018-03-13
25. ABBOTT LABORATORIES INC   2017-12-06 2018-03-19
4. MASTERCARD INC CL A   2017-12-06 2018-03-19
1. ALPHABET INC/CA-CL C   2017-12-06 2018-03-22
1. AMPHENOL CORP NEW CL A   2017-12-06 2018-03-22
1. ECOLAB INC   2017-12-06 2018-03-22
30. ZOETIS INC   2017-12-06 2018-03-22
2. ALPHABET INC/CA-CL C   2017-12-06 2018-03-27
500. TURKIYE GARANTI BANKASI ADR   2018-03-13 2018-04-27
9. ECOLAB INC   2017-12-06 2018-04-30
41. CHEVRON CORPORATION   2017-12-06 2018-05-01
23. CONOCOPHILLIPS   2017-12-06 2018-05-09
99. MARATHON OIL CORP COM   2017-12-06 2018-05-09
2164.885 AQR EQUITY MARKET NEUTRAL-I   2018-01-08 2018-05-16
91.707 DIAMOND HILL LONG-SHORT FUND CL I   2017-12-15 2018-05-16
4344.759 DIAMOND HILL LONG-SHORT FUND CL I     2018-05-16
1182.094 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I     2018-05-16
12.835 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2017-12-12 2018-05-16
5851.528 ASG GLOBAL ALTERNATIVES FUND CL Y   2018-01-08 2018-05-16
18. SHIRE PLC SPONSORED ADR   2018-03-13 2018-05-18
14. DASSAULT SYSTEMS SA SPON ADR   2018-03-13 2018-05-21
12. VERISK ANALYTICS INC   2017-12-06 2018-06-06
28. CA INC MERGED 11/05/18 @ $44.50 P/S   2017-12-06 2018-07-13
579. ISHARES SHORT-TERM CORPORATE BOND ETF   2016-08-18 2018-07-16
7. ECOLAB INC   2017-12-06 2018-07-31
10. IQVIA HOLDINGS INC   2017-12-06 2018-07-31
15. HERSHEY FOODS CORP COM   2017-12-06 2018-08-16
8. ZOETIS INC   2017-12-06 2018-08-29
7. GARTNER INC   2018-03-19 2018-09-04
14. GARTNER INC     2018-09-11
23. SYSMEX CORP UNSPONSORED ADR   2018-03-13 2018-09-19
10. GARTNER INC   2017-12-06 2018-10-05
18. EXPRESS SCRIPTS HLDG CO MERGED 12/21/18 @ $48.75 P/S   2017-12-06 2018-10-12
13. STARBUCKS CORP COM   2017-12-06 2018-10-17
18. HERSHEY FOODS CORP COM   2017-12-06 2018-10-18
12. GARTNER INC   2017-12-06 2018-10-22
4. ABBOTT LABORATORIES INC   2017-12-06 2018-10-26
2. CELGENE CORP   2017-12-06 2018-10-26
1. ECOLAB INC   2017-12-06 2018-10-26
1. HERSHEY FOODS CORP COM   2017-12-06 2018-10-26
1. IQVIA HOLDINGS INC   2018-10-24 2018-10-26
1. MASTERCARD INC CL A   2017-12-06 2018-10-26
1. SCHWAB CHARLES CORP NEW   2017-12-06 2018-10-26
1. VERISK ANALYTICS INC   2017-12-06 2018-10-26
1. ZOETIS INC   2017-12-06 2018-10-26
3. ALLEGION PLC SEDOL BFRT3W7   2017-12-06 2018-10-26
2. APTIV PLC-WHEN ISSUED SEDOL B783TY6   2018-03-19 2018-10-26
22. MERCK & CO INC   2017-12-06 2018-10-29
22. GARTNER INC   2017-12-06 2018-10-30
26. STARBUCKS CORP COM   2017-12-06 2018-10-30
13. HERSHEY FOODS CORP COM   2017-12-06 2018-10-31
2. ULTA BEAUTY INC   2018-10-30 2018-10-31
120. CA INC MERGED 11/05/18 @ $44.50 P/S   2017-12-06 2018-11-05
12. DASSAULT SYSTEMS SA SPON ADR   2018-03-13 2018-11-12
20. WPP PLC ADR   2018-03-13 2018-11-12
3264.613 AQR EQUITY MARKET NEUTRAL-I   2018-01-08 2018-11-13
2847.003 AQR MANAGED FUTURES STRATEGY FUND CLASS I   2018-05-16 2018-11-13
35. ABBOTT LABORATORIES INC   2017-12-06 2018-11-13
1. ALPHABET INC/CA-CL C   2017-12-06 2018-11-13
16. AMPHENOL CORP NEW CL A     2018-11-13
6. APPLE INC   2014-03-24 2018-11-13
2828.128 BLACKROCK EVENT DRIVEN EQ-IS   2018-05-16 2018-11-13
1. BOOKING HOLDINGS INC   2017-12-06 2018-11-13
12. CELGENE CORP   2017-12-06 2018-11-13
32. DAITO TRUST CONS-SPN ADR ADR SEDOL BHBXYK4   2018-03-13 2018-11-13
5186.335 DRIEHAUS ACTIVE INCOME FUND FUND 640   2018-05-16 2018-11-13
4530.009 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND   2018-05-16 2018-11-13
6. ECOLAB INC   2017-12-06 2018-11-13
9. FACEBOOK INC   2018-08-29 2018-11-13
3666.843 GOTHAM NEUTRAL FUND-INST   2018-05-16 2018-11-13
4. HERSHEY FOODS CORP COM   2017-12-06 2018-11-13
12. IQVIA HOLDINGS INC     2018-11-13
2472.904 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I   2018-05-16 2018-11-13
13. MASTERCARD INC CL A   2017-12-06 2018-11-13
17. MICROSOFT CORP   2018-10-18 2018-11-13
36. SCHWAB CHARLES CORP NEW   2017-12-06 2018-11-13
20. STARBUCKS CORP COM   2017-12-06 2018-11-13
5. ULTA BEAUTY INC   2017-12-06 2018-11-13
13. VERISK ANALYTICS INC   2017-12-06 2018-11-13
11. WEST PHARMACEUTICAL SVCS INC   2017-12-06 2018-11-13
13. ZOETIS INC   2017-12-06 2018-11-13
16. ALLEGION PLC SEDOL BFRT3W7   2017-12-06 2018-11-13
20. APTIV PLC-WHEN ISSUED SEDOL B783TY6     2018-11-13
92. ISHARES TR S&P 500 INDEX FD   2018-01-03 2018-11-14
463. ISHARES JP MORGAN USD EMERGING MARKETS BOND   2011-05-09 2018-11-14
86. ISHARES JP MORGAN USD EMERGING MARKETS BOND   2017-12-06 2018-11-14
104. AIR LIQUIDE ADR   2018-03-13 2018-12-13
43. BBA AVIATION PLC-UNSPON ADR ADR SEDOL B2RB0W1   2018-03-13 2018-12-13
33. CSL LTD-SPONSORED ADR ADR SEDOL BN5TD14   2018-03-13 2018-12-13
55. EXPRESS SCRIPTS HLDG CO MERGED 12/21/18 @ $48.75 P/S   2017-12-06 2018-12-24
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 18,135   6,002 12,133
b 18,084   12,119 5,965
c 16,066   10,028 6,038
d 86,643   5,142 81,501
e 10,670   1,567 9,103
7,337   999 6,338
17,692   10,736 6,956
12,092   8,868 3,224
26,989   10,270 16,719
42,108   18,714 23,394
22,380   9,697 12,683
80,000   68,348 11,652
36,554   3,152 33,402
235,247   6,500 228,747
21,817   10,688 11,129
18,466   9,801 8,665
17,496   9,433 8,063
9,695   5,960 3,735
35,510   14,511 20,999
38,415   40,000 -1,585
276   272 4
65   62 3
210   199 11
1,536   1,322 214
556   529 27
178   77 101
53   51 2
204   222 -18
89   86 3
428   384 44
768   659 109
796   346 450
768   650 118
690   600 90
639   560 79
164,981   109,023 55,958
1,233   1,175 58
1,556   1,370 186
718   586 132
1,080   1,018 62
90   88 2
135   137 -2
2,500   2,129 371
2,095   2,036 59
1,144   1,550 -406
1,315   1,236 79
5,100   4,913 187
1,585   1,170 415
2,102   1,434 668
25,459   26,715 -1,256
2,393   2,401 -8
113,355   85,825 27,530
11,490   11,008 482
125   123 2
65,420   67,000 -1,580
3,047   2,375 672
1,825   1,944 -119
1,311   1,149 162
1,233   937 296
59,979   61,368 -1,389
977   962 15
1,218   1,013 205
1,508   1,700 -192
716   568 148
1,051   862 189
2,170   1,706 464
1,012   969 43
1,550   1,212 338
1,694   1,225 469
767   775 -8
1,886   2,040 -154
1,770   1,454 316
265   219 46
144   204 -60
147   137 10
102   113 -11
118   122 -4
197   146 51
43   51 -8
112   96 16
88   71 17
246   247 -1
145   176 -31
1,572   1,207 365
3,108   2,666 442
1,517   1,549 -32
1,380   1,474 -94
546   538 8
5,340   4,016 1,324
1,470   1,666 -196
1,097   1,626 -529
34,964   40,285 -5,321
24,313   25,595 -1,282
2,424   1,918 506
1,033   1,018 15
1,403   1,494 -91
1,155   462 693
26,613   25,595 1,018
1,905   1,723 182
844   1,225 -381
1,060   1,372 -312
49,944   51,189 -1,245
43,669   46,070 -2,401
942   824 118
1,277   1,580 -303
37,768   38,392 -624
435   453 -18
1,437   1,405 32
25,248   25,595 -347
2,572   1,904 668
1,814   1,848 -34
1,692   1,833 -141
1,344   1,192 152
1,562   1,109 453
1,572   1,245 327
1,171   1,102 69
1,219   923 296
1,422   1,320 102
1,493   1,736 -243
25,024   25,028 -4
48,214   50,009 -1,795
8,956   9,956 -1,000
2,520   2,628 -108
582   1,033 -451
2,161   2,139 22
5,120   3,743 1,377
      24,733
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       12,133
b       5,965
c       6,038
d       81,501
e       9,103
      6,338
      6,956
      3,224
      16,719
      23,394
      12,683
      11,652
      33,402
      228,747
      11,129
      8,665
      8,063
      3,735
      20,999
      -1,585
      4
      3
      11
      214
      27
      101
      2
      -18
      3
      44
      109
      450
      118
      90
      79
      55,958
      58
      186
      132
      62
      2
      -2
      371
      59
      -406
      79
      187
      415
      668
      -1,256
      -8
      27,530
      482
      2
      -1,580
      672
      -119
      162
      296
      -1,389
      15
      205
      -192
      148
      189
      464
      43
      338
      469
      -8
      -154
      316
      46
      -60
      10
      -11
      -4
      51
      -8
      16
      17
      -1
      -31
      365
      442
      -32
      -94
      8
      1,324
      -196
      -529
      -5,321
      -1,282
      506
      15
      -91
      693
      1,018
      182
      -381
      -312
      -1,245
      -2,401
      118
      -303
      -624
      -18
      32
      -347
      668
      -34
      -141
      152
      453
      327
      69
      296
      102
      -243
      -4
      -1,795
      -1,000
      -108
      -451
      22
      1,377
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 610,467
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 117,534 2,462,635 0.047727
2016 115,202 2,278,692 0.050556
2015 111,742 2,362,004 0.047308
2014 69,834 2,314,619 0.030171
2013 93,609 1,820,546 0.051418
2
Total of line 1, column (d) .....................
2
0.22718
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.045436
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,508,863
5
Multiply line 4 by line 3......................
5
113,993
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,577
7
Add lines 5 and 6........................
7
120,570
8
Enter qualifying distributions from Part XII, line 4,.............
8
113,089
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 13,155
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 13,155
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,155
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,117
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,117
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,038
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCO PNC BANK NA Telephone no.bullet (412) 768-5892

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WILLIAM MICHAEL VALE PRESIDENT/TRUSTEE
    1     		0    
    C/O PNC BANK 116 ALLEGHENY CENTER
    PITTSBURGH,PA15212
    ROBERT A VALE VICE PRESIDENT/TRUSTEE
    1     		0    
    C/O PNC BANK 116 ALLEGHENY CENTER
    PITTSBURGH,PA15212
    ROBERT W VALE SECRETARY/TREASURER/TRUSTEE
    1     		0    
    C/O PNC BANK 116 ALLEGHENY CENTER
    PITTSBURGH,PA15212
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,547,418
    b
    Average of monthly cash balances.......................
    1b
    -349
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,547,069
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,547,069
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,206
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,508,863
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    125,443
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    125,443
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    13,155
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,155
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    112,288
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    112,288
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    112,288
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    113,089
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    113,089
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    113,089
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 112,288
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 109,099
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 113,089
    a Applied to 2017, but not more than line 2a 109,099
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 3,990
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		108,298
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    PALMER TRINITY SCHOOL
    7900 SOUTHWEST 176TH STREET
    PALMETTO BAY,FL33157     		NONE PC ACADEMIC SCHOLARSHIPS 27,275
    RANDOLPH COLLEGE
    2500 RIVERMONT AVENUE
    LYNCHBURG,VA24503     		NONE PC ACADEMIC SCHOLARSHIPS 27,275
    DARTMOUTH COLLEGE
    6066 DEVELOPMENT OFFICE
    HANOVER,NH03755     		NONE PC ACADEMIC SCHOLARSHIPS 27,275
    EDCHOICE
    111 MONUMENT CIRCLE SUTIE 2650
    INDIANAPOLIS,IN46282     		NONE PC EDUCATIONAL CHOICE PROGRAM 27,275
    Total .................................bullet 3a 109,100
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 60,965  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 610,467  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    14 552  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   671,984  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    671,984
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsOtherSchedule2
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS FIXED AT COST 216,694 204,243
    MUTUAL FUNDS EQUITY AT COST 555,567 479,201
    MUTUAL FUNDS ALTERNATIVE INVES      
    ETF FIXED AT COST 477,913 453,193
    ETF EQUITY AT COST 704,976 662,742

    TY 2018 OtherDecreasesSchedule
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Description Amount
    ADJ FOR ROUNDING TRANSACTIONS AND SALES 1


    TY 2018 OtherExpensesSchedule
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEES 150 0   150
    MAP MANAGEMENT FEES 1,446 1,446   0
    ADR SERVICE FEES 122 122   0


    TY 2018 OtherIncomeSchedule2
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND FROM PRIOR YEAR 552 0  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC AGENT FOR TRUSTEE FEES 15,353 11,514   3,839


    TY 2018 TaxesSchedule
    Name:
    RUBY R VALE FOUNDATION II
    EIN:
    65-0659181
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 609 609   0
    FEDERAL TAX PAYMENT - PRIOR YE 5,585 0   0
    FEDERAL ESTIMATES - INCOME 4,589 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,528 0   0